Fuelcell Energy (FCEL) Net Cash Flow (2010 - 2026)
Fuelcell Energy (FCEL) recorded Net Cash Flow of $296.4 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 411.9% from $57.9 million a year earlier and up 383.6% from the prior quarter.
Fuelcell Energy (FCEL) Net Cash Flow (2010 - 2026) Analysis & Trends
On a TTM basis, Fuelcell Energy's Net Cash Flow came in at $500.33 million as of Jul 31, 2026; for FY2025 (ended Oct 31, 2025), it came in at $132.83 million.
- Annual Net Cash Flow has a five-year compound annual growth rate of -2.7% (FY2020 to FY2025).
- Across earlier fiscal years, Net Cash Flow came in at -$90.8 million in FY2024, -$181.55 million in FY2023, $21.77 million in FY2022 (-91.9%) and $268.24 million in FY2021 (+76.0%).
- The fiscal Q3 2026 figure is the highest quarterly Net Cash Flow since fiscal Q3 2021.
- Per Business Quant, the preceding three fiscal quarters came in at $61.29 million (Q2 2026), $37.88 million (Q1 2026) and $104.75 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 2.98 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 173.11 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | -679.69 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 96.11 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 118.92 Mn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | -278,000.00 |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 94.03 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 32.42 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 22.60 Mn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn | 296.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 296.40 Mn |
| Apr 30, 2026 | 61.29 Mn |
| Jan 31, 2026 | 37.88 Mn |
| Oct 31, 2025 | 104.75 Mn |
| Jul 31, 2025 | 57.90 Mn |
| Apr 30, 2025 | 18.41 Mn |
| Jan 31, 2025 | -48.23 Mn |
| Oct 31, 2024 | -9.31 Mn |
| Jul 31, 2024 | 6.15 Mn |
| Apr 30, 2024 | -136.83 Mn |
| Jan 31, 2024 | 49.19 Mn |
| Oct 31, 2023 | -36.79 Mn |
| Jul 31, 2023 | 59.51 Mn |
| Apr 30, 2023 | -62.55 Mn |
| Jan 31, 2023 | -141.71 Mn |
| Oct 31, 2022 | 2.01 Mn |
| Jul 31, 2022 | -9.83 Mn |
| Apr 30, 2022 | 84.27 Mn |
| Jan 31, 2022 | -54.69 Mn |
| Oct 31, 2021 | -33.74 Mn |
Fuelcell Energy Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=FCEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "FCEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();